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Dadas replied Apr 19, 2013Why didn't you close it? Post your trades! Charts with your trades. Do you know how to do that? I will show you how you were supposed to do it. Then, you will learn. Nobody is going to laugh, here! You have a one in your lifetime opportunity that ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013I think, stevepatt, that your context was still for Day Trading. Thus, the H4 PTECZ was the Stop and your TP should have been below this PTECZ. So, if you want to trade, like, overnight, this is still the Day Trading context. H4 seems to be more ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013I can see you have a problem with yourself! Take a deep breath and relax - it always helps! Nope, we are not concentrating on patience! We are concentrating on knowing what you are doing! Patience is one of the basic requirements in Forex Trading! ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013Well, actually, this version works for only one Zone Candle or PTECZ on one chart. I have been waiting when someone starts needing more than one! It means you are working and you are getting the hang of it! I use 6 different instances of the ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013I never said you or anybody had to do anything! I have presented my method, my idea, my concept. I gave many options' examples. The style of trading is up to you. I am not giving you a ready to use foolproof packet! I am giving you a way and I am ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013Well, that was just the extra hint for Long yesterday. It is happening today, as well. But, since it is Friday, and I am already in a couple other trades, I do not get into GOLD.
Trading Gold with PA
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Dadas replied Apr 19, 2013Yes, that was another reason for the PTECZ and the very basic Price Action reading. All Candlestick patterns have their beginning in Price Action reading the Candlesticks, and the Consolidation. The PTECZ puts them all in one place!
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013Thank you! I perfectly understand your logic! Have a nice party!
Trading Gold with PA
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Dadas replied Apr 19, 2013Yeah, and the Bullish Break Up, Engulfing or Trend Candle was just before it! IOW: Bears counter-attacked, but the Bulls were stronger. Then, there was indecision for some time but Bulls were always better!
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013Bingo, again. I was practising the D1 Strategy. I was not there 28 Candles earlier, so I could not have seen that situation. I assumed Trading from ca. 21:00 London+1 to 22:00 London+1. Thus, I entered. Now, I am strong in Profit, but I must ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013stevepatt didn't know! Nobody knows! We read Price Action which tells us the most probable direction. That is all, nothing more! PS. If you are going to enter Long on tops of strong Bullish Candles, you are going to get SL-ed.
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013Bingo! That is why the Zone! PTECZ! The rest is your R/R & MM. And, many, many, many examples in this thread! Literally, hundreds!
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013Gumrai, I know some people will say it is another one of my gibberish, but I have noticed the following rules: 1. When EURUSD is going Down and GOLD is refusing to go Down at the same moment, this tells me GOLD will go Up as soon as EURUSD starts ...
Trading Gold with PA
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Dadas replied Apr 19, 2013Well, then, if we have our R/R and MM, is it not worth the risk to Enter early? Had I not moved my SL, I would be very happy today! But, what's gone is gone! No use crying over spilled milk!
Trading Gold with PA
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Dadas replied Apr 19, 2013Like, WOW! That couldn't have happened in Poland! Even in rural areas!


Trading Gold with PA
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Dadas replied Apr 19, 2013Notice the last PTECZ you chose for entry. This PTECZ was for a real close M1 Entry. You had another PTECZ just next to the left. It was with the real Low for this moment. Plot it now, and see your Entry for the Pips that flew away. Then, follow to ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013Maybe you are correct about this. However, I have seen so many identical scenarios on GOLD and even lost money in the past, because my Ego had insisted on Short when the Long was there, that when I see what I described above, I am really sure that ...
Trading Gold with PA
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Dadas replied Apr 19, 2013Good, so far. Just work on the Exit in the same way. You let your reward fly away!
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013The idea is to enter as early as possible and to Enter Short at the top, so, look for Short Entry inside the Zone, or as close as possible. This way, you will be safe most of the times even if the price turns against you, you can Break Even. That is ...
Price Action in Day Trading by Dadas